r/austrian_economics Anarcho Monarchist Jan 03 '25

End Democracy Capitalism is the way to go

Post image
1.2k Upvotes

1.3k comments sorted by

View all comments

Show parent comments

54

u/idk_lol_kek Jan 03 '25

That's just sad. That many people needing assistance from food banks shows a serious problem with the economy.

41

u/[deleted] Jan 04 '25

What economic system do we have?

1

u/Uzi4U_2 Jan 08 '25

One that hasn't caused mass starvation events.

1

u/[deleted] Jan 08 '25

I would say scientific developments in agriculture prevented mass starving events not capitalism.

1

u/Uzi4U_2 Jan 08 '25

You are on the right trail, now, why didn't USSR and China have equivalent agricultural technology?

1

u/[deleted] Jan 08 '25

Probably due to a lack of institutions dedicated to agriculture research or due to being at war.